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Cnr Ballarat Rd & Ashley St
Braybrook VIC 3019
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Sold on 20 May 2013

Cnr Ballarat Rd & Ashley St Braybrook VIC 3019

  • Shop & Retail
  • 9,643 m²
  • Sold

ICONIC MELBOURNE CORNER RETAIL DEVELOPMENT OPPORTUNITY

    Woolworths anchored neighbourhood shopping centre of 9,643 sqm* with 7 speciality shops, 2 external tenancies and 1 ATM (Woolworths option recently exercised commencing October 2013)
    Located in the booming western corridor of metro Melbourne, only 9km* from the Melbourne CBD
    Irreplaceable corner site of 2.54 ha* with quality improvements and at-grade parking for 368* cars
    Opportunity to buy an established shopping centre with 6,110 sqm* of existing retail space ready to be leased/converted/redeveloped
    Primary trade area of 15,942 persons (approx.) as at 2011. Population growth expected to increase to 19,347 persons by 2021, reflecting an average growth rate of 2.14% p.a**
    Good quality improvements constructed in 1998, with depreciation benefits available
    Average daily traffic volume on Ballarat Rd (between Duke and Ashley St) was estimated at 24,000 in 2012***
    Potential fully leased net income of $1,670,000 per annum*

    The property is being offered by way of a Public Expressions of Interest campaign closing at 1:00pm (AEST) Thursday 2nd May 2013.

    * approx.
    ** Source: Australian Bureau of Statistics
    *** Source: VicRoads

    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold20 May 2013
    Floor Area9,643 m²
    Land Area2.54 ha
    Parking368 x Onsite parkings
    Property ID2016610430
    Category
    Last updated  3 Oct 2023
    Map for Cnr Ballarat Rd & Ashley St Braybrook VIC 3019

    Nearest transport* to Cnr Ballarat Rd & Ashley St Braybrook VIC 3019

    Bus
    Train
    Tram
    Ferry
    Braybrook SC/Ashley St (Braybrook)20 m
    Braybrook SC/Ashley St (Braybrook)22 m
    Ashley St/Ballarat Rd (Maidstone)24 m
    Ashley St/Ballarat Rd (Maidstone)48 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold20 May 2013
    Floor Area9,643 m²
    Land Area2.54 ha
    Parking368 x Onsite parkings
    Property ID2016610430
    Category
    Last updated  3 Oct 2023

    Listed by

    More about Cnr Ballarat Rd & Ashley St Braybrook VIC 3019

    Cnr Ballarat Rd & Ashley St Braybrook VIC 3019 is categorized as Shop & Retail Property. It has a floor area of 9,643 m² and a land area of 2.54 ha. There are 368 x onsite parkings.The listing ID for this property is 2016610430.

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